The EVP & Pres-Global Serv & Spec of Ecolab Inc is Exercising Options

By Carrie Williams

Today, the EVP & Pres-Global Serv & Spec of Ecolab Inc, Roberto Inchaustegui, exercised options of Ecolab Inc for $652.9K.

Following Roberto Inchaustegui’s last ECL Sell transaction on November 24, 2015, the stock climbed by 20.3%. In addition to Roberto Inchaustegui, 3 other ECL executives reported Sell trades in the last month.

Based on Ecolab Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $3.65 billion and quarterly net profit of $566 million. In comparison, last year the company earned revenue of $3.35 billion and had a net profit of $366 million. The company has a one-year high of $140.50 and a one-year low of $122.58. ECL’s market cap is $39.59B and the company has a P/E ratio of 26.62.

Based on 10 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $152.60, reflecting a -10.7% downside.

In the last 30 days, insiders have sold $652.9K worth of ECL shares and purchased $178M worth of ECL shares. The insider sentiment on Ecolab Inc has been positive according to 142 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Ecolab, Inc. engages in the provision of products and services in the field of water, hygiene, and energy. The firm serves the foodservice, food processing, hospitality, healthcare, and industrial industries. It operates through the following segments: Global Industrial, Global Institutional, Global Energy, Other, and Corporate.